Just picked up another Mk3 last weekend and drove it home from Raby to Newcastle no problems at all.
It's a 2L 1997 GL auto with just over 150,000k's on the clock. It was used a couple of times this week for short trips (not by me) but tonight I took it for a quick trip to the shops and I got less than 5 mins from home and while accelerating up to almost 60kmh it suddenly dropped back gears, the oil light started flashing and it died on me. I managed to pull over off the road and turned the key off. The headlights were still on, radio on and wipers were still going (its raining).
Great
I ring around to see who is home nearby (my son, my brother) nope - no one. So after a couple of minutes, I try the key and it starts first go. I just turned around and came straight home. Could this be the chip in the key? Any other suggestions for me to look at in the daylight?
It's a 2L 1997 GL auto with just over 150,000k's on the clock. It was used a couple of times this week for short trips (not by me) but tonight I took it for a quick trip to the shops and I got less than 5 mins from home and while accelerating up to almost 60kmh it suddenly dropped back gears, the oil light started flashing and it died on me. I managed to pull over off the road and turned the key off. The headlights were still on, radio on and wipers were still going (its raining).
Great

I ring around to see who is home nearby (my son, my brother) nope - no one. So after a couple of minutes, I try the key and it starts first go. I just turned around and came straight home. Could this be the chip in the key? Any other suggestions for me to look at in the daylight?
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